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Income is rising. Value is rising. What is the relationship between the capitalization rate and the yield rate?
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As the holding period increases in yield capitalization, why is there more associated risk?
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True or False: If income and value remain level over the holding period, the yield rate and the capitalization rate remain the same.
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When valuing a property's net operating income and resale price (minus sale expenses), what discount rate should be used?
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When appraisers are using the term "below the line", what line is being referred to?
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_____________ is the value of a series of future payments discounted to the current date.
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Tony owns a property that has a present value of $2,000,000 at a discount rate of 10%. If Tony sells the property today for $2,200,000, what is the yield?
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Which of the following is not a reason why a seller would finance a property for a prospective buyer?
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In a perpetuity, which of the following is true?
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What is the relationship between the terminal cap rate and the going in cap rate if income and value are changing at the same compound rate?
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True or False : An advantage to using the DCF over Direct Capitalization is that it is easier to quantify buyer motivations over multiple periods.
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What is the relationship among the overall yield rate, the equity yield rate, and mortgage yield rate?
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An apartment complex with $200,000 of level income was recently purchased for $2,000,000. The investor expected to achieve a 9% yield over a 10year holding period. Which of the following holds true?
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The test for source and accuracy of data considers ___________?
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Which of the following are the tests to determine reliability of each of the appraisal approaches?
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Converting an income stream into value is called __________.
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What is the payment for a $250,000, fully amortizing, quarterly payment loan at 10% interest for 10 years? What is the annual debt service?
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How much will deposits of $2,000 per year be worth after 30 years if they earn 8%annually?
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How much will $10,000 deposited in an account paying 6% per year be worth in 25 years?
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In a perfect world, direct capitalization should result in a(n) __________________value that is relative to yield capitalization.
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